Nebius Group N.V. (NASDAQ:NBIS) Receives $203.25 Consensus PT from Analysts

Shares of Nebius Group N.V. (NASDAQ:NBISGet Free Report) have earned an average rating of “Moderate Buy” from the fifteen ratings firms that are presently covering the company, MarketBeat.com reports. Six analysts have rated the stock with a hold rating and nine have given a buy rating to the company. The average 1 year price target among brokerages that have issued ratings on the stock in the last year is $203.25.

NBIS has been the subject of several recent analyst reports. Weiss Ratings upgraded shares of Nebius Group from a “hold (c-)” rating to a “hold (c)” rating in a report on Wednesday, May 20th. Citizens Jmp raised their target price on shares of Nebius Group from $175.00 to $270.00 and gave the stock a “market outperform” rating in a report on Thursday, May 14th. Cantor Fitzgerald started coverage on shares of Nebius Group in a report on Thursday, April 9th. They set an “overweight” rating and a $129.00 price target for the company. Morgan Stanley raised their price target on shares of Nebius Group from $126.00 to $144.00 and gave the stock an “equal weight” rating in a report on Thursday, May 14th. Finally, BWS Financial raised their price target on shares of Nebius Group from $130.00 to $200.00 and gave the stock a “buy” rating in a report on Monday, March 16th.

Read Our Latest Stock Report on NBIS

More Nebius Group News

Here are the key news stories impacting Nebius Group this week:

Nebius Group Stock Performance

Shares of NBIS opened at $286.69 on Tuesday. Nebius Group has a one year low of $43.89 and a one year high of $298.80. The company has a 50-day moving average of $200.60 and a two-hundred day moving average of $134.03. The stock has a market cap of $72.54 billion, a price-to-earnings ratio of 92.48 and a beta of 4.03. The company has a debt-to-equity ratio of 1.16, a current ratio of 8.33 and a quick ratio of 8.33.

Nebius Group (NASDAQ:NBISGet Free Report) last announced its earnings results on Thursday, May 14th. The company reported ($0.23) EPS for the quarter, topping the consensus estimate of ($0.77) by $0.54. Nebius Group had a net margin of 95.27% and a negative return on equity of 9.11%. The company had revenue of $399.00 million during the quarter, compared to analysts’ expectations of $375.13 million. The firm’s revenue was up 684.0% on a year-over-year basis. On average, equities research analysts expect that Nebius Group will post -1.91 earnings per share for the current year.

Insider Buying and Selling at Nebius Group

In related news, CFO Sanchez Maria Del Dado Alonso sold 1,509 shares of the firm’s stock in a transaction that occurred on Tuesday, June 2nd. The shares were sold at an average price of $276.20, for a total transaction of $416,785.80. Following the completion of the sale, the chief financial officer directly owned 12,672 shares in the company, valued at approximately $3,500,006.40. This trade represents a 10.64% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CTO Danila Shtan sold 15,678 shares of the firm’s stock in a transaction that occurred on Thursday, June 4th. The stock was sold at an average price of $238.96, for a total transaction of $3,746,414.88. Following the sale, the chief technology officer owned 291,700 shares of the company’s stock, valued at approximately $69,704,632. This represents a 5.10% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 700,710 shares of company stock valued at $132,153,501 in the last 90 days.

Institutional Trading of Nebius Group

Several institutional investors have recently made changes to their positions in NBIS. Empirical Financial Services LLC d.b.a. Empirical Wealth Management lifted its stake in Nebius Group by 2.7% in the first quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 2,977 shares of the company’s stock valued at $309,000 after acquiring an additional 79 shares during the last quarter. Wealth Alliance LLC lifted its stake in Nebius Group by 1.6% in the first quarter. Wealth Alliance LLC now owns 5,008 shares of the company’s stock valued at $520,000 after acquiring an additional 80 shares during the last quarter. Aspen Grove Capital LLC lifted its stake in Nebius Group by 3.7% in the first quarter. Aspen Grove Capital LLC now owns 2,522 shares of the company’s stock valued at $262,000 after acquiring an additional 89 shares during the last quarter. WPG Advisers LLC lifted its stake in Nebius Group by 3.6% in the first quarter. WPG Advisers LLC now owns 2,799 shares of the company’s stock valued at $290,000 after acquiring an additional 98 shares during the last quarter. Finally, Harbor Advisors LLC lifted its stake in Nebius Group by 0.4% in the third quarter. Harbor Advisors LLC now owns 27,600 shares of the company’s stock valued at $3,099,000 after acquiring an additional 100 shares during the last quarter. 21.90% of the stock is currently owned by institutional investors and hedge funds.

Nebius Group Company Profile

(Get Free Report)

Nebius Group N.V., a technology company, builds intelligent products and services powered by machine learning and other technologies to help consumers and businesses navigate the online and offline world. The company’s services include Nebius AI, an AI-centric cloud platform that offers infrastructure and computing capability for AI deployment and machine-learning oriented solutions; and Toloka AI that offers generative AI (GenAI) solutions at every stage of the GenAI lifecycle, such as data annotation and generation, model training and fine-tuning, and quality assessment of large language model for accuracy and reliability.

Featured Stories

Analyst Recommendations for Nebius Group (NASDAQ:NBIS)

Receive News & Ratings for Nebius Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Nebius Group and related companies with MarketBeat.com's FREE daily email newsletter.